SAN FRANCISCO – Mayor London N. Breed announced on Friday, October 6 that the City of San Francisco has already eclipsed its committed fundraising goal of $20,0000,000 to host the 2023 Asia-Pacific Economic Cooperation, or APEC. The city will continue to work to raise more funds beyond this goal in preparation for the week-long conference that will be held November 11-17 and host leaders and delegates from 21 APEC Member Economies, 1,200 global CEOS, hundreds of journalists, and more than 20,000 in total attendance.

The theme of the event, “Creating a Resilient and Sustainable Future for All,” will promote free, fair, and open trade investment, and advance sustainable and inclusive international economic growth. President Joe Biden is expected to attend along with the leaders of China, Japan, Australia, Canada and Indonesia. The APEC region represents more than $60 trillion in nominal GDP, accounting for 62% of the global total output.

Major sponsors that contributed include:

Federated Indians of Graton Rancheria: $4.65M
Ripple: $2M
Apple: $1M
Emerson Collective: $1M
Kaiser Permanente: $1M
MEBO International: $1M
Prologis: $1M
Salesforce: $1M
Sutter Health: $1M
Visa: $1M
Bloomberg Philanthropies: $500K
Airbnb: $500K
Autodesk: $500K
DoorDash: $500K
Jean-Pierre Conte: $500K.

“The San Francisco community has stepped up, like it always does,” said Mayor London Breed. “The support and enthusiasm building across our city is inspiring. Reaching our fundraising goal this early is a recognition of how strong and resilient we are, and we are going to keep going to raise even more. APEC is going to again put us on the world stage, and we are ready to put on a tremendous event, reminding the world that San Francisco is one of the world’s truly great cities.”

APEC (Asia-Pacific Economic Cooperation) is the premier platform for the United States to advance economic policies in the Asia-Pacific region to promote free, fair, and open trade and investment and advance inclusive and sustainable growth. As part of our enduring commitment to the region and broad-based economic growth, San Francisco is excited to serve as host of the APEC Leaders’ Meeting taking place in San Francisco, November 11-17, 2023.

APEC will be the largest convening of world leaders in San Francisco since the UN Charter was signed in 1945 during the UN Conference on International Organization, also called the San Francisco Conference.

This November, the United States will chair the 2023 Asia-Pacific Economic Cooperation Leaders’ Meeting in iconic San Francisco, California. The 21 APEC Member Economies account for nearly 40 percent of the global population and nearly 50 percent of global trade. APEC’s themes this year are sustainability, inclusivity, innovation, and resilience.

To learn more, visit apec2023sf.org. (SF Mayor’s Office Release)